Is Mc Connellsburg, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mc Connellsburg is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mc Connellsburg was a Neutral Market.

Key Takeaway

Mc Connellsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mc Connellsburg, PA

How much do homes in Mc Connellsburg, PA cost?

Median Sold Price

$177,500

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$10,000(-5.3%)

Key Takeaway

Homes in Mc Connellsburg have sold for 5.3% less than they did a year ago.

Summary: The median home sold price in Mc Connellsburg was $177,500 in November 2024, down 5.3% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$135K
N/A
2 $125K$122K
-2.4%
3 $187.5K$190.5K
+1.6%
4 $290K$230.5K
-20.5%
5+ -$215K
N/A

Summary: Mc Connellsburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes did not change.

Housing Supply in Mc Connellsburg, PA

How many homes are available in Mc Connellsburg, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
145-64.3%

Summary: The Mc Connellsburg real estate market had 5 homes for sale in November 2024, a 64.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 31
-66.7%
3 61
-83.3%
4 31
-66.7%
5+ 12
+100.0%

Summary: The Mc Connellsburg housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 83.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mc Connellsburg, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Mc Connellsburg in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Mc Connellsburg, PA

How long does it take to sell a home in Mc Connellsburg, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days20 Days+122.2%

Summary: Homes in Mc Connellsburg had an average of 20 days on market in Nov 2024, up by 122.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mc Connellsburg are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Mc Connellsburg; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

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